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    2159 La Canada Crest Dr

    La Canada Flintridge, CA 91011
    • $2,895,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 20-578000
    UPDATED: 29 min ago
    $2,895,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,682
      SQFT
    • $618
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    2159 La Canada Crest Drive is an attractive 5-Unit apartment community in the highly desirable La Canada Flintridge submarket (91011). 2519 La Canada Crest Drive is a unique opportunity to purchase a multifamily investment opportunity in a market with tremendous barriers to entry and incredible income demographics, which include an annual household income of $188,875 (ages 24-44) and $211,458 (ages 45-64). The offering is highlighted by an excellent unit mix of very large and spacious units featuring Two (2) 2 bedroom 1.5 bathroom units and Three (3) 2 bedroom 1 bathroom apartment units. The average unit size is approx. 936 square feet each and each unit features a private patio and/or balcony. The building improvements total 4,682 SF on an 8,797 SF corner parcel. The property is well maintained and has been updated with copper plumbing throughout. Each resident is provided ample onsite parking and storage space(s). Expenses are low as each unit is separately metered.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T15:42:52.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106577063
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    2159 La Canada Crest Dr La Canada Flintridge, CA 91011

    • Price: $2,895,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 20-578000
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,682
    SQFT
    $618
    $/SQFT
    1962
    Built
    Neighborhood:
    La Canada Flintridge
    County:
    Los Angeles
    Area:
    La Canada Flintridge
    Property Description
    2159 La Canada Crest Drive is an attractive 5-Unit apartment community in the highly desirable La Canada Flintridge submarket (91011). 2519 La Canada Crest Drive is a unique opportunity to purchase a multifamily investment opportunity in a market with tremendous barriers to entry and incredible income demographics, which include an annual household income of $188,875 (ages 24-44) and $211,458 (ages 45-64). The offering is highlighted by an excellent unit mix of very large and spacious units featuring Two (2) 2 bedroom 1.5 bathroom units and Three (3) 2 bedroom 1 bathroom apartment units. The average unit size is approx. 936 square feet each and each unit features a private patio and/or balcony. The building improvements total 4,682 SF on an 8,797 SF corner parcel. The property is well maintained and has been updated with copper plumbing throughout. Each resident is provided ample onsite parking and storage space(s). Expenses are low as each unit is separately metered.
    Exterior Features

    Lot Size Area 8797 Other Structures Other Parking Garage Covered Parking Total Parking 5

    Interior Features

    Baths Total 7.00 Cooling Wall/WindowWindow Unit(S)Other Equipment Other Heating Other

    Property Features

    Gross Income 138900 Gross Operating Income 136122 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 87505.00 Number Of Buildings 3 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 48617 Type Of Units Apartments Year Built Source Assessor Zoning Lfr3*

    Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T15:42:52.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355